Zimbabwe: 2003 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe

July 28, 2003

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Format: Chicago

Zimbabwe: 2003 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

The Zimbabwean economy has deteriorated progressively over the past four years. Executive Directors expressed deep concern about this, and stressed the need to implement strong macroeconomic, monetary, fiscal, and structural policies. They urged the Reserve Bank of Zimbabwe to ensure that banks meet all prudential regulations, and are adequately capitalized. They welcomed Zimbabwe's participation in the General Data Dissemination Standards, and urged the authorities to strengthen the country's data base to improve the analytical basis for economic policy formulation and IMF surveillance.

Subject: Exchange rates, External debt, Foreign exchange, Inflation, Price controls, Prices

Keywords: Africa, Authorities' NERP, Consumer price inflation, CR, Exchange rates, Financing data, Government, Inflation, ISCR, Land reform, Payment to the fund, Price controls, Rate, Repurchase rate, Southern Africa

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/224
Stock No:

1ZWEEA0012003
ISBN:

9781451841442
ISSN:

1934-7685

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